The U.S. aspires to become the 'crypto capital of the world' under Trump
The Digital Assets Task Force, established under Executive Order 14178 by President #TRUMP , has just announced a roadmap to position the U.S. at the forefront of the crypto era. This is a comprehensive effort to end the 'enforcement-led' model and build an open legal framework for technological innovation.
🔹 1. Transparent legal framework for crypto
The proposal empowers the CFTC to oversee non-security digital assets, legalizes DeFi, and promotes tools like 'safe harbor' to help startups access the market more easily.
🔹 2. Modernizing the banking system
The administration $TRUMP completely ends Operation Choke Point 2.0, paving the way for banks to offer crypto services such as custody, stablecoins, tokenization... and to access the FED more easily.
🔹 3. Strengthening the USD through stablecoins
The GENIUS Act – the first federal law for stablecoins – was signed into law by Trump on July 18, 2025. The aim is to promote digital payments while preventing CBDCs to protect personal privacy.
🔹 4. Combating money laundering without stifling DeFi
Updating law #AML , protecting the right to self-custody and clearly defining legal obligations for DeFi protocols without overreaching to suppress compliant users.
🔹 5. Reforming crypto taxes
Proposing amendments to tax laws to suit the nature of digital assets, including new guidance on staking, mining, and small-value transactions.
📌 Conclusion: The U.S. is preparing a comprehensive legal framework to ride the wave of global crypto – with the aim of becoming the world's blockchain hub. #anhbacong